For this assignment, you will decide what type of budget to implement for a start-up company.
Write a 3–4 page paper in which you:
- Summarize the type of manufacturing company you plan to start up and determine how you will design the value chain for your manufacturing company.
- Describe the type of budget you plan to implement in your company and outline the budgeting review steps necessary to ensure that your company reaches the financial forecast.
- Select at least four specific benchmarks you will utilize in your company. Explain the benchmarks selected and their benefits to your company.
- Explain the type of cost system you plan to implement in your company and identify any major challenges in implementing your cost system. Suggest a way to overcome the identified challenges.
- Integrate at least three quality resources using in-text citations and a reference page in your assignment. Note: Wikipedia, Investopedia, and similar websites do not qualify as quality resources. Use Basic Search: Strayer University Online Library or the iCampus University Library Research page for your research.
This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course.
The specific course learning outcome associated with this assignment is:
- Determine a budget type, benchmarks, and a cost system implementation plan for a given company.